Word: pitched
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...Swiss-based hedge fund that he's hawking to foreigners. "The upside potential is huge, the downside risk is minimal," he said, explaining cryptically: "There's a strategy which will be key to our success." Foreign investors are now so gung-ho about India that this kind of giddy pitch might just work. Indeed, a director at a Bombay brokerage says he's been startled by his recent encounters with foreign investment firms. Their attitude, he says, is: "'Let's just get invested quickly. It's going to boom for the next 20 years, so let's get a piece...
During a recent breakfast meeting between Howard Chao, the partner in charge of O'Melveny & Myers' Asia practice, and a Silicon Valley venture-capital tycoon shopping for a lawyer with expertise there, the conversation was less a sales pitch by Chao than a freewheeling exchange about corporate-finance trends and upcoming investment opportunities. The portfolio manager left the meeting enlightened about the Chinese business landscape, and Chao got a new client as well as a referral to a company in the VC's portfolio that might also need his counsel. Most people would call that rainmaking. Chao calls it "knowledge...
...outset, exporting colorful, individually patterned handbags under its own label to stores like Henri Bendel and Barney's in Manhattan, and Harvey Nichols in London. Although diehard fashionistas were quick to discover Ipa-Nima, it's only in the past couple of seasons that the buzz has reached fever pitch, with celebrity endorsement setting the seal...
...Congress didn't look all that much better with its relentless grandstanding. Dutch Ruppersberger, a Democrat from Maryland, asked Kentucky Senator Jim Bunning, the opening witness and an ex--big league great, about a pitch he threw to Mickey Mantle. Representative Diane Watson, Democrat from California, dissed Arnold Schwarzenegger by flashing a 1987 SPORTS ILLUSTRATED cover featuring the Republican California Governor, an ex-steroid user, flexing under the headline HOT STUFF. Florida Representative Ileana Ros-Lehtinen praised Cuban American Canseco for hailing from Miami. "It was a terrible day for baseball," says former baseball commissioner Fay Vincent...
During a recent meeting between Howard Chao, the partner in charge of O'Melveny & Myers' Asia practice, and a Silicon Valley venture-capital tycoon shopping for a lawyer with expertise there, the conversation was less a sales pitch by Chao than a freewheeling exchange about corporate-finance trends and upcoming investment opportunities. The portfolio manager left the meeting enlightened about the Chinese business landscape, and Chao got a new client as well as a referral to a company in the VC's portfolio that might also need his counsel. Most people would call that rainmaking. Chao calls it "knowledge arbitrage...